Dec. 24, 2023
Natural Asset Companies sound like an indirect way to institute "the King's Forest" but this time under the guise of private capital I do not think this is the appropriate way of managing land assets and I think it will have a massively deleterious effect on the price of land and the ability of freedom of movement within the united states --- specifically if it is FROM cities to rural areas and possibly even from one rural area to another. Further, it will hinder suburb development where most single family homes (aka the American Dream) are located by creating a massive valuation on land. By enabling the richest in America the ability to commodify the land in this way it will actually FURTHER enrich the 1% (or even 0.1%) at the expense of the 99% -- not just America's middle class but at the expense of everyone but the ultra wealthy. It is antithetical to American way of life that so much power should be in the hands of so few.